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DALLAS-In a Q1 2001 assessment, class-A office space is the only segment showing a positive absorption although its average rent has dipped a bit. Overall occupancy is 83%, up 4% from last year. The problem is 14 million sf of class-C space.
SLEEPY HOLLOW, NY-General Motors Co. has scheduled a by invitation only event on June 21 to unveil its long-awaited redevelopment plan for its former assembly plant here, GlobeSt.com has learned.
ORLANDO-The 92.4% occupancy mark is expected to shoot up by several points at year end as new construction finally slips into low gear and some submarkets start offering free rent to cope with an avalanche of new product.
NEW YORK CITY-Results of a survey unveiled last night at the NYU Hospitality Conference reveal that only 58% of polled lodging firms have a formal E-business strategy. Expect the amount of online business to triple in three years.
LONDON-Quintain Estates & Development continued its strong growth in the year to 31 March 2001, with figures buoyed by the acquisition of Chesterfield Properties.
GOLDEN, CO-New World Coffee-Manhattan Bagel Inc., based in Eatontown, NJ, has agreed to buy Einstein out of US Bankruptcy Court in Phoenix. New World agreed to pay $160 million in cash and assume $30 million in liabilities.
ATLANTA-After 18 years at McWhirter Realty, longtime area broker Beverly Hazelwood has a new parking spot: Roberts Commercial Real Estate Services. Hazelwood joined Roberts' expanding brokerage division.
HOUSTON-Convergys Customer Management has found a sublease taker for 24,951 sf at 1201 Louisiana Place in the CBD. The pact with FuelQuest, a Houston-based oil and gas trader, lets Convergys move to Greenspoint without the excess space burden.
ORANGE COUNTY, CA-Hotelier sets plan for 156-room Courtyard by Marriott, citing growing amount of office space and rising number of local businesses.
ATLANTA-Despite lower than expected earnings per share to be logged for the period ending July 1, the former LongHorn Steaks Inc. posted increases in same-store sales for all three of its restaurant products in the second quarter through June 3.
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Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
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Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
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Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource